Our sale brought a total of €19,681,075, the highest ever result for Sotheby’s in an auction of Contemporary Art in Italy. Leading the auction was a selection of fine works by Lucio Fontana, such as the rare fluorescent-pink single cut from 1964 which sold for €819,000 as well as the green cut that reached €795,000. Paolo Scheggi’s rare Intersuperficie curva Bianca of 1969 achieved a new world auction record for the artist at €1,623,000. Also performing strongly was Giorgio Morandi’s work from 1953, which sold for € 843,000, whilst competitive bidding for the red Salvatore Scarpitta drove the price to €675,000, far exceeding pre-sale estimates.
Spring in Milan is rich with events dedicated to arts and culture and our two-day sale of contemporary art stands out with an exquisite selection of impressive Spatialism works by Lucio Fontana, Paolo Scheggi, Agostino Bonalumi and Enrico Castellani. Several examples by Fontana highlight the auction, from examples of his characteristic slashes to rare glazed ceramics. This exiting auction also includes works by Alberto Burri, Salvatore Scarpitta, Michelangelo Pistoletto, Alighiero Boetti and Giorgio Morandi.